SOLOWIN HOLDINGS’s AX Coin Becomes the First Stablecoin Issuer Granted In-Principle License Approval from the Central Bank of Bahrain
Solowin Holdings - Class A Ordinary Share (AXG)
Company Research
Source: GlobeNewswire
Bahrain, Manama, Jan. 28, 2026 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (NASDAQ: AXG) (“AXG” or the “Company”), a leading financial technology firm bridging traditional and digital assets, today announced that AX Coin, the stablecoin issuance entity under AlloyX Group, a key subsidiary of the Company, has received an In-Principle Approval letter for a stablecoin license from the Central Bank of Bahrain (“CBB”), subject to final regulatory approval. Dr. Thomas Zhu, Co-Founder and Chief Executive Officer of AlloyX Group, commented: "We would like to express our gratitude to the Central Bank of Bahrain for its guidance over the past six months. We look forward to launching a compliant stablecoin within the regulatory framework and driving the development of AlloyX Group’s stablecoin ecosystem across the Middle East and Africa (MEA) region and beyond." About SOLOWIN HOLDINGS SOLOWIN HOLDINGS (NASDAQ: AXG) is a global leading financial technology firm focused on digital currency payments
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AXG
Sec Filings
- 1/28/26 - Form 6-K
- 1/9/26 - Form 6-K
- 12/31/25 - Form 6-K
- AXG's page on the SEC website